Shares in Linea Directa up 27% in debut on Madrid stock exchange

Linea Directa Aseguradora SA Compania de Seguros y Reaseguros

29/04/2021 08:13

MADRID, April 29 (Reuters) - Shares in Spanish insurance
company Línea Directa Aseguradora (LDA)  LDA.MC  jumped as high
as 28.2% on Thursday on its market debut, in what was the first
flotation on the Madrid stock exchange this year.
    LDA had priced its listing at 1.3175 euros per share, giving
the company a valuation of about 1.43 billion euros.
    At 0707 GMT, shares in LDA were rising 26.7% to 1.670 euros.

 (Reporting by Jesús Aguado
Editing by Ingrid Melander)
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